Tuesday, 8 July 2025

Tariffs: Oh Keep Up Will You?

©iStock/Yakobchuk
President Donald Trump has delayed imposing higher tariffs on US imports, while sending letters to 14 countries including Japan and South Korea detailing the levies they face.

The latest development on global trade by Trump comes as a 90-day pause the White House placed on some of its most aggressive import taxes was set to expire this week (7/7/25).

Starting August 1, 2025, here's what you might expect.  Chaos in the name of the game here.



from The Global Small Business Blog https://ift.tt/3VcyPzA

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